A straight slender elastic beam under axial compression loses stability when bending can decrease its total potential energy. With pinned ends a distance apart, its quadratic potential is . Stationarity gives , with at each end. The first nontrivial mode is , at . More generally , with an effective-length factor determined by endpoint constraints: for pinned-pinned, for fixed-free and for fixed-fixed. Real imperfections remove the perfectly sharp onset, and short columns can yield before this elastic instability.

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Euler's critical load refers to the maximum buckling load that a slender column can withstand before it deforms elastically due to compression. The concept is derived from Euler's formula, which expresses the critical load \( P_{cr} \) depending on the column's material properties and geometric characteristics.